[06:08 am] Mitch K: you guys see that big
drop in SI this morning? silver
futures
[06:09 am] Mitch K: over 100 tick
drop in silver, thats $2500 per
contract
[06:14 am] Mitch K: yes apple,
ICE bot NYX for $33.12
[06:15 am] Mitch K:
metals dropping because economy grew, market
seeing a budget deal is close
[06:23 am]
Mitch K: watching MDCO move up
[06:29 am]
Ed : Conference started in NY, re:
HLF
[06:31 am] Mitch K: monitoring
HNZ
[06:31 am] Mitch K: monitoring
AEE
[06:31 am] Mitch K: watching MXIM for
bottom
[06:32 am] Mitch K: watching BBBY
for bottom
[06:32 am] Mitch K: watching
PAYX for bottom
[06:32 am] Mitch K:
watching NDAQ for trades both ways
[06:32
am] Mitch K: watching MDC for
bottom
[06:33 am] Mitch K: watching EQT
for top
[06:33 am] Mitch K: watching ET,
TEG for top
[06:34 am] Mitch K: watching
NYX for bottom, should be decent
long
[06:34 am] Ed : monitoring
CTSH
[06:34 am] Mitch K: watching CTSH for
bottom
[06:34 am] Mitch K: watching PII
for top
[06:35 am] Mitch K: dont forget
about NYX long scalp
[06:35 am] Mitch K:
watching MLNX for bottom
[06:35 am] Mitch
K: watching AUXL for bottom
[06:36 am]
Mitch K: monitoring ACN
[06:36 am] Mitch
K: watching ILMN for bottom
[06:36 am]
Mitch K: watching TROX for bottom
[06:36
am] Mitch K: watching YUM for
bottom
[06:37 am] Mitch K: watching TIF
for bottom
[06:37 am] Mitch K: watching
RGLD for short on top of bounce, take
time
[06:37 am] Mitch K: watching CBS for
top
[06:37 am] Mitch K: watching GBX
for bottom
[06:38 am] Mitch K: watching
HLF for bottom
[06:39 am] Mitch K:
watching KORS for bottom
[06:40 am] Mitch
K: watching KORS closer, same with
ACN
[06:40 am] Mitch K: watching ICE for
bounce, already started
[06:41 am] Mitch
K: watching DECK for bottom
[06:42 am]
Mitch K: watching BBBY closer
[06:43 am]
Mitch K: watching SODA for bottom
[06:43
am] Mitch K: take time
[06:43 am] Mitch K:
watching SLCA for bottom
[06:44 am] Mitch
K: watching RGR for bottom
[06:46 am] Ed :
HLF currently trading in range
[06:47 am]
Mitch K: watching MHK for top
[06:48 am]
Mitch K: watching SODA closer
[06:52 am]
Mitch K: monitoring MDC
[06:54 am] Mitch
K: consider selling MLNX if long
[06:54
am] Mitch K: watch HNZ to cover if
short
[06:58 am] Ed : SPY new
lod
[06:59 am] Mitch K: monitoring ES for
bottom
[06:59 am] Mitch K: CL, Crude oil
cycling well
[06:59 am] Mitch K: excellent
moves with 6E Euro
[07:00 am] Mitch
K: sorry
[07:00 am] Mitch K:
wday
[07:00 am] Ed : GRPN monitor no hurry
for potential short if we get some
buying
[07:00 am] Mitch K: watching
NG< Natural Gas for bottom, take time
on this
[07:01 am] Mitch K:
monitor
[07:01 am] Mitch K: HLF falling
apart quickly
[07:01 am] Mitch K:
monitoring WDAY, slow
[07:02 am] Ed : Im
out 3/4 and trailing last 1/4 short on
HLF
[07:02 am] Mitch K: watching WAC for
sell point, gradually, best price
[07:02
am] Ed : If u shorted break of range would
cover some here on HLF
[07:03 am] Ed :
getting some short covering in this candle on
HLF
[07:04 am] Mitch K: watching UNXL for
bottom
[07:08 am] Ed : getting bounce in
SPY
[07:11 am] Mitch K: no sell signal on
ACN yet
[07:11 am] Mitch K: HLF turning
over again
[07:12 am] Ed : SPY new
hod
[07:14 am] Mitch K: buy signal in
GC< Gold, late to see
[07:15 am]
Mitch K: SI cover point too
[07:20 am] Ed
: nice bounce in HLF
[07:21 am] Mitch K:
should be out of the TIF long, turning
over
[07:22 am] Ed : SPY pulling
back
[07:22 am] Mitch K: watching NUS for
bottom, not in hurry
[07:44 am] Ed : SPY
trading near hod
[07:48 am] Ed : ET
moving
[07:48 am] Ed : nice pullback in
SPY
[08:24 am] Ed : Boehner will speak at
1:15
[08:42 am] Ed : Market close 1pm est
on Mon (24th) and closed on tue
(25th)
[09:17 am] Ed : Sen Reid speaking
now
[09:27 am] Ed : good eye murano on
SWC
[09:33 am] Mitch K: SI continues to
cycle well, GC on a bull run for an
hour
[09:49 am] Ed : Ackman says he is not
short other MLM firms
[09:50 am] Ed : he
is only short HLF
[09:58 am] Ed :
monitorg VHC for potential bounce
[10:01
am] Ed : dont jump the gun on VHC
[10:06
am] Ed : reduced 3/4 ong of VHC
[10:11 am]
Ed : Boehner will be up in 4minutes
[10:28
am] Ed : Ackamn says he has 20milion shares
short out of 108m shares
outstanding
[10:32 am] Ed : Hearing
Barclays confirms earlier chatter that Roche
is denying the earlier reports about an
impending bid for ILMN (timing
uncertain
[10:37 am] Ed : HLF new
lod
[10:39 am] Ed : SPY new hod
[10:51
am] Mitch K: anyone watching SI ? this
is as good as it gets
[11:07 am] Ed : VHC
halted
[11:50 am] Ed : SPY new
hod
[12:06 pm] Ed : getting pullback in
SPY
[12:17 pm] Mitch K: a speculative long
swing is HLF, Herbal Life. William
Ackerman has been public about his shorting
HLF the last few days. A little safer
play is to wait for lower prices Friday but
my guess is today you can start
nibbling
[12:35 pm] Ed : ISRG new
lod
[12:41 pm] Ed : SPY testing
hod
[12:58 pm] Mitch K: ok bye
taco
[12:59 pm] Ed : have a great evening
traders
[01:06 pm] Mitch K: bye guys, see
you tomorrow
| [06:08 am] joeytsa : Good morning
Mitch,Ed, traders
[06:09 am] joeytsa
: missed that, saw quick drop in PL
though
[06:09 am] joeytsa : jump in
gold too
[06:09 am] qwert : the CL
is making nice moves
[06:09 am]
lisas : gm all,
[06:09 am]
apple : gm MK, yeah just saw
that
[06:09 am] qwert : wow thats
huge
[06:10 am] apple : good morning
to all tough traders
[06:10 am]
joeytsa : nice payday 🙂
[06:10 am]
apple : gm qwert
[06:10 am]
apple : gm lisa
[06:10 am]
apple : gm joey
[06:10 am]
apple : gm E
[06:10 am]
cowboyh : Morning guys
[06:10 am]
qwert : gm apple
[06:10 am]
apple : gm cowboy
[06:10 am]
reshef : G.morning
[06:10 am]
lisas : gm apple
[06:10 am]
joeytsa : gap down:
FOLD,MDRX,BBBY,MLNX,MRK
[06:11 am]
cowboyh : Mitch thanks for the aswing
idea on RGR up 3 points so far
[06:11 am]
apple : good morning reshef
[06:11
am] taco : gm apple, hi all
[06:12
am] cowboyh : gm apple
[06:12 am]
apple : gm taco
[06:12 am]
joeytsa : gap up:
ELOQ,ILMN,AAPL,VVUS
[06:12 am] mikewd2 -:
AGQ down 3
[06:13 am] joeytsa : a
few others on m&a’s
[06:14 am]
apple : heard ICEbought NYSE
[06:14
am] mikewd2 -: why silver/gold
tanking?
[06:15 am] joeytsa : $8.2B
total
[06:15 am] taco : thanks for
gappers
[06:16 am] doji : and oil up
on the economy
[06:16 am] apple : gm
doji
[06:16 am] chinhngo : good
morning to all traders
[06:17 am] mikewd2
-: CCL
[06:17 am] apple : gm
chin
[06:18 am] mikewd2 -: keep eye on
HLF
[06:19 am] eyes : Good Morning
Everyone
[06:19 am] joeytsa : /PL is
moving well today
[06:19 am] mikewd2 -:
RCL
[06:19 am] apple : gm
eyes
[06:20 am] apple : glad to have
you back
[06:20 am] eyes : thank
you
[06:20 am] taco : USNA also
multi level and was down yesterday
[06:22
am] skydiver : gm all
[06:22 am]
apple : gm sky
[06:22 am] doji
: Good monrning fellas… jsut connecting to
say hi… have a nice trading day
[06:23
am] mikewd2 -: did CCL/RCL post
earnings?
[06:23 am] skydiver : gm
apple
[06:23 am] skydiver : take
care doji
[06:23 am] joeytsa : CCL
did mike
[06:23 am] joeytsa : or
they do sometime today
[06:24 am]
victor51 : good morning all. will be
here in and out
[06:24 am] mikewd2 -: both
been in nice uptrend
[06:24 am]
apple : gm victor
[06:25 am]
joeytsa : looks like both in downtrends
to me?
[06:25 am] joeytsa : lookin
at wrong timeframes
[06:26 am]
joeytsa : yes up on daily
[06:29 am]
apple : thx E
[06:31 am]
elisha : GM Mitch, Ed and
everyone
[06:31 am] joeytsa : eye on
BBBY,LULU
[06:33 am] joeytsa : ILMN
pulling back
[06:34 am] joeytsa :
watching CTSH for bottom
[06:35 am]
cowboyh : BIDU
[06:36 am]
joeytsa : nice 4pt move in
/PL
[06:37 am] mikewd2 -: SINA
[06:38
am] joeytsa : AAPL lod
[06:39 am]
shawn : has NFLX bottomed
[06:43 am]
joeytsa : tigthen ILMN if
long
[06:44 am] shawn : quick trade
on NFLX. Made some cash
[06:46 am]
apple : good shawn
[06:46 am]
joeytsa : bunch of reports coming up at
7pdt
[06:46 am] joeytsa : 2 big ones
are existing home sales and philly
fed
[06:46 am] joeytsa : nice call
Mitch on ACN
[06:47 am] joeytsa :
tighten BBBY if short
[06:49 am]
joeytsa : /ES in 4t range, slight
downtrend
[06:49 am] mikewd2 -: Western
Copper trading halted, pending news
[06:49
am] joeytsa : 4pt not 4t
[06:50 am]
Ed : thx mike
[06:52 am] joeytsa :
BBBY trying to gather itself
[06:54 am]
joeytsa : another bad day for
ISRG
[06:55 am] joeytsa : weak
bounce on BBBY
[06:55 am] joeytsa :
trying to hold $55 though
[06:58 am]
regatta : EQT turning over
[06:58
am] joeytsa : reports coming out next
minute
[06:59 am] joeytsa : same
with /GC , /PL
[07:04 am] lisas :
taking off, have a great day all
[07:04
am] apple : bye lisa, have
fun
[07:04 am] joeytsa : bye lisa
lisa
[07:05 am] apple : AAPL moved
off lod
[07:05 am] joeytsa : HLF
nice short, BBBY rotten long haha
[07:07
am] taco : bye lisa
[07:09 am]
joeytsa : watching LMT at $92
[07:11
am] joeytsa : ACN testing $68
now
[07:12 am] joeytsa : AGQ
pullback to $43
[07:14 am] joeytsa :
Mitch: i used it to cover the last
Sell
[07:15 am] Mitch K: nice
joey
[07:15 am] joeytsa : /GC been
trending down
[07:15 am] joeytsa :
so using lightning sell signals as
entries
[07:15 am] joeytsa : just
got another sell signal there
[07:16 am]
joeytsa : might get a trend change
coming soon though
[07:16 am]
joeytsa : there it is
[07:17 am] Ed
: who was to remind us of the break of range
on REGN that we talked about 2 weaks
ago??
[07:17 am] joeytsa :
qwert hahah
[07:17 am] joeytsa
: when in doubt blame him 🙂
[07:17 am]
mikewd2 -: joey i think
[07:18 am]
qwert : hey i said something about it
the other day
[07:19 am] doji :
Back
[07:19 am] doji : HEy Joey are
you use Lightening for /GC?
[07:20 am]
joeytsa : yes doji
[07:20 am]
doji : For all futures?
[07:20 am]
joeytsa : right now; GC,PL,CL,NG and
ES
[07:21 am] doji : Ok, I’ll post
something in Faceboook this
weekend…
[07:21 am] taco : NUS
getting better
[07:21 am] joeytsa :
ok cool
[07:22 am] joeytsa :
watching /GC for cons break
[07:25 am]
joeytsa : nice recovery on
HLF
[07:27 am] Ed : ur right it was
qwert
[07:27 am] qwert :
hahaha
[07:28 am] mikewd2 -: CCL
lod
[07:29 am] doji : Mike still
keeping your swing trade on RGR?
[07:29
am] reshef : CCL
[07:30 am] mikewd2
-: dumped it for decent profit
[07:30 am]
joeytsa : /NG action
[07:30 am]
mikewd2 -: will look to get back in
[07:31
am] joeytsa : break time, see you in a
while, great calls..make some $$
🙂
[07:33 am] shawn : Ed: is NFLX a
buy?
[07:34 am] taco : looks toppy
on daily shawn
[07:35 am] doji : Hey
Shwan don’t get too obsese with NFLX.. It
look weaks…and could drop more before
jumping up… just be alittle be
paitent
[07:35 am] shawn : On the 2
Minute the Stochastic is sure below
6
[07:35 am] shawn : K thank
you
[07:35 am] Ed : I agree with
doji
[07:36 am] doji : Of course you
do Ed.. otherwise you are fired!….
hahahaha
[07:36 am] Ed : lol
[07:37 am]
apple : haha — get back to work
doji!
[07:38 am] apple : BIDU made a
nice move off the lod
[07:38 am] mikewd2
-: CCL
[07:41 am] apple :
HOT
[07:41 am] doji : Nice on the
15m 15d Apple
[07:43 am] doji : Hose
to discusss Plan B today…. I’ll assme that
is why the market is moving
[07:43 am]
doji : House
[07:45 am] reshef
: FIO
[07:53 am] shawn : anyone in
NFLX
[07:56 am] doji : Not me
Shawn… don’t see any leverage so
far
[07:57 am] doji : but that is
only me…
[07:57 am] shawn : Just
made 200
[07:57 am] shawn :
Bang
[07:57 am] joeytsa : just be
careful trying to squeeze blood from a rock
though
[07:57 am] shawn : no
kidding
[07:57 am] joeytsa : good at
first to get a feel for some stocks
though
[07:58 am] joeytsa : you seem
to focus on NFLX,WYNN
[07:58 am]
doji : To make $200 you bough what,
$500 shares?
[07:58 am] shawn :
1000
[07:58 am] joeytsa : once you
get a feel for how stocks ebb/flow…then
maybe focus on stocks with wider ranges
etc
[07:59 am] cowboyh : watching
PLD
[07:59 am] doji : so you put
$93,000 to make $200… hum… too much risk
for me
[08:00 am] shawn : I agree
Doji
[08:00 am] joeytsa : i do that
all the time
[08:00 am] doji :
lol
[08:00 am] joeytsa : just cant
allow yourself to take 20c profit while
allowing $1 losses
[08:01 am] shawn
: Doji: your a pretty good trader
[08:01
am] mikewd2 -: CCL lod
[08:01 am]
joeytsa : and stocks like NFLX,AAPL ect
move to quick to keep that risk in any kind
of control
[08:01 am] shawn : I was
going to take a Tight stop Joeytsa
[08:01
am] doji : No Shawn… I am just trying
to learn from the mistakes I was told other
made… lol
[08:01 am] joeytsa :
haha
[08:01 am] shawn : I was either
going to make 200 or loose 200
[08:02 am]
joeytsa : right but like doji
said…thats a terrible r/r
[08:02 am]
doji : I agree with you Joey 1000%… I
used to do that and I lost big
before
[08:02 am] shawn : what is
your email Doji?
[08:02 am] joeytsa
: at 1:1 you have to be right 50% just to
break even
[08:03 am] mikewd2 -:
ANF
[08:04 am] doji : Shawn, a
couple of days ago I made >$2,000 with
one trade with NFLX… the r/r at that time
was 1:4….
[08:04 am] joeytsa :
shawn: bare minimum, give yourself 2:1
r/r
[08:04 am] doji : I riked 0.25c
and got $2.25c
[08:04 am] eyes :
whats the symble for ES on TS
[08:04 am]
doji : since then I have just watched
NFLX and still don;t see this setting
again
[08:05 am] taco : how did you
know your risk was .25c? doji
[08:06 am]
joeytsa : where you put your stop
taco
[08:07 am] doji : Because it
did a double bottom at previos day’s
resistance level and then I bought NFLX 0.25C
above that level and the stocks just moved in
my direction
[08:07 am] joeytsa :
thats what i like about futures, can make
$200 with much less money up
[08:07 am]
taco : ty
[08:08 am] shawn :
thanks guys
[08:10 am] joeytsa :
good trading doji
[08:11 am] joeytsa
: the only thing you can control in this biz
is your risk
[08:12 am] joeytsa :
/GC on nice downtrend past 20min
[08:13
am] joeytsa : NFLX just had a nice $1
move
[08:13 am] joeytsa : almost
made to the res level
[08:14 am]
eyes : Joey whats the ticker for emini
on TS
[08:14 am] eyes :
symble
[08:14 am] apple :
@ES
[08:15 am] joeytsa : thx apple,
i didnt know eyes
[08:16 am] eyes :
Thanks Apple
[08:16 am] apple :
H13
[08:16 am] reshef :
VHC
[08:20 am] reshef :
SFUM
[08:20 am] reshef :
SFUN
[08:21 am] taco : nice
reshef
[08:21 am] joeytsa : just be
careful with volume
[08:21 am] taco
: right
[08:22 am] joeytsa : when i
see 30% total vol on 2 candles, i usually
move on..miss trades but thats ok with
me
[08:22 am] reshef :
SNTS
[08:24 am] joeytsa : thx
Ed
[08:24 am] qwert : thx
Ed
[08:24 am] apple : thx
E
[08:24 am] joeytsa : sending his
plan B to the floor
[08:26 am]
reshef : TACO, DID YOU ENTER LONG ON
SFUN?
[08:27 am] joeytsa : AAPL
lod
[08:27 am] taco : no, i liked
the % move but noticed low vol and heed
suggestions
[08:28 am] reshef : Look
at SNTS
[08:29 am] reshef : Taco,
isn’t better to wait to short?
[08:30 am]
taco : that’s up to you
reshef
[08:30 am] joeytsa : also
depends on your profit target
[08:31 am]
reshef : I mean as a simple idea, whats
go long have retracement
[08:31 am]
jsn13 : another thing to pay attention
to, new 52 weeks high on daily….
[08:31
am] joeytsa : always jsn
[08:32 am]
joeytsa : love 52wk highs, then slight
pullback
[08:32 am] taco : it
depends reshef, out of my league to answer
you well sorry
[08:32 am] jsn13 : so
u have, low vol, new high, uptrending on
daily, so usually u would only have slight
pullback…so for me, low
reward….
[08:32 am] reshef :
Joeytsa, what you lokking 52 W for
short?
[08:33 am] joeytsa : usually
on a stock like SFUN, you might get a 20c
scalp, but to make any money you need
1000shares, SFUN doesnt have that vol to
me
[08:33 am] joeytsa : i would
never short a 52wk hi
[08:33 am]
joeytsa : not until it loses support i
should say
[08:33 am] reshef :
Thanks
[08:34 am] joeytsa : reverse
for 52wk low
[08:34 am] jsn13 : i
tried doing that last time, i think the win
rate is below 20%…haha…
[08:34 am]
joeytsa : but thats on
swings/holds..which is not what i am doing
right now
[08:34 am] jsn13 : now i
have learnt it the hard way…..
[08:34
am] reshef : EXPE
[08:34 am] Ed : We
all learned it that way jsn13
[08:35 am]
joeytsa : you might geta decent short
on a 52wk high as a scalp though
[08:35
am] Ed : some are repeat offenders and some
dont revisit
[08:35 am] joeytsa :
hey Ed, just so you know…the oven burner is
hot haha
[08:36 am] jsn13 : so
just becareful when going against the
trend…
[08:36 am] joeytsa : i try
to think ” why is this stock
trending?”
[08:37 am] joeytsa : i
dont ever look at fundamentals, so my answer
is always the same ” because people are
either buying it or selling it”
[08:39 am]
reshef : DNB
[08:41 am] apple
: reminder: half-day trading on monday
– xmas eve
[08:41 am] joeytsa :
thats only if the world doesnt end tomorrow
:)~
[08:41 am] apple :
correct
[08:42 am] joeytsa : i wont
be in the room next week except maybe
friday
[08:42 am] joeytsa : my world
is ending..i have to fly to see the
in-lawsw hahaha
[08:42 am]
apple : we will miss you joey –
haha
[08:42 am] joeytsa : rigth Ed,
wont expect much vol on the 26th
either
[08:43 am] taco : haha
b-have
[08:43 am] apple : where?
ny?
[08:43 am] joeytsa : worse
apple..michigan
[08:43 am] qwert :
hahaha mine are coming here at least
you get to leave when you want
[08:43 am]
apple : snow!
[08:43 am]
joeytsa : none there right now or
expected
[08:43 am] apple : just
wait — snowed in, joey!
[08:44 am]
joeytsa : not bringing my laptops
either, so no trading for me
[08:44 am]
reshef : DFS
[08:47 am] qwert
: Joey in case i forget have a very Merry
Christmas
[08:49 am] cowboyh : have
a good day… all
[08:49 am] apple :
all together now: JOEY HAVE A MERRY
CHRISTMAS AND A HAPPY NEW YEAR!!!
[08:49
am] apple : bye cowboy have
fun
[08:49 am] taco : bye
cowboy
[08:49 am] joeytsa : thanks
qwert, i will be here tommorrow
though
[08:50 am] qwert : Thats why
i said in case i forget :))
[08:50
am] apple : and i would like everyone
to have safe happy holidays… wishing
everyone all the best for the upcoming year
(lotsa $$$$) and perfect health and
happines
[08:50 am] joeytsa : will
use my iphone for facebook, wife will have
her laptop if i need to shoot out emails
etc
[08:50 am] joeytsa : Amen apple
🙂
[08:50 am] taco : thanks apple,
you too
[08:50 am] joeytsa : gotta
run for a bit, see you all for the last
90mins
[08:51 am] apple : joey you
are funny with that iphone now
[08:51 am]
apple : bye joey have fun
[08:51 am]
joeytsa : yeah, esp considering i never
leave the house
[08:51 am] apple :
haha
[08:51 am] joeytsa : i use my
iphone for my music videos
[08:51 am]
apple : get a little sun and fresh
air
[08:51 am] apple : how did you
ever survive this long without it, i
wonder
[08:51 am] joeytsa : did you
see the last one apple?
[08:52 am]
apple : no, i got the samsung galaxy
III
[08:52 am] apple : and a samsung
tablet as well
[09:01 am] reshef :
VVUS
[09:05 am] doji :
NFLX
[09:07 am] doji : BIDU heading
towards $100 again
[09:18 am] apple
: thx E
[09:25 am] murano :
SWC
[09:26 am] apple : wow good one
murano
[09:28 am] doji : SWC s
12.63
[09:29 am] taco : ya beat me
doji, 12.61
[09:31 am] doji : stop
at b/e… don;t like how is acting
[09:32
am] taco : sold 1/2
[09:33 am]
doji : out 1/2 SWC short
[09:33 am]
taco : i’m out
[09:34 am] taco
: thx murano
[09:37 am] doji : Hey
Muran, where do you get this stocks?
Lightening?
[09:37 am] joeytsa :
Mitch: did you get that run on /GC
?
[09:40 am] jsn13 : ed, did u get
SWC? if yes, may i know ur entries and
exits?
[09:40 am] Ed : no did not trade
it
[09:40 am] jsn13 : did u pass or
miss?
[09:40 am] Ed : passed
[09:41 am]
jsn13 : ok cool….
[09:41 am]
jsn13 : thanks….
[09:41 am] Ed :
still had setup and gave nice change, I just
wanted move closer to 13
[09:41 am]
murano : Lightspeed ticker alert
Doji
[09:41 am] Ed : b4 shorting
[09:42
am] jsn13 : ya i can see ur
rationale….understand ur approach
ed….thansk for the info….u explained b4 i
asked….haha…
[09:42 am] joeytsa
: he read your mind jsn haha
[09:42
am] Ed : we know each other well,
haha
[09:43 am] doji : Thanks
Muran… I remember now that you said that
before
[09:43 am] jsn13 : haha
yeah….we can read each others’
minds…
[09:43 am] joeytsa : /ES in
2pt range
[09:44 am] joeytsa : will
look for a break over/under
1433/1431
[09:44 am] Ed : nice tight
range
[09:44 am] joeytsa : wide
enough to scalp 2-3 ticks
[09:44 am] Ed :
true
[09:45 am] joeytsa : and tight
enough that a break might give a good
move
[09:45 am] Ed : truer
[09:45 am]
joeytsa : esp on fiscal news
[09:45
am] Ed : truest
[09:45 am] joeytsa :
truer than true..thanks dr. seuss
haha
[09:45 am] Ed : lol
[09:46 am]
joeytsa : boehner still speaking in
30min?
[09:46 am] Ed : yes
[09:46 am]
apple : SFUN really took off today, but
low volume
[09:46 am] joeytsa : if
tight range still by then, just might
strangle it
[09:49 am] reshef :
LQDT
[09:50 am] joeytsa : funny how
when worded differently it affects a
company
[09:50 am] joeytsa : mlm or
network marketing is ok..pyramid is death
🙂
[09:52 am] reshef : UA
[09:55
am] mikewd2 -: i thought Ackerman, said he
had no position on HLF
[09:55 am] Ed : no
options on it
[09:55 am] joeytsa :
he said he didnt have puts on it
[09:55
am] mikewd2 -: RIGHT
[09:55 am]
apple : don’t you believe him?
lol
[09:55 am] joeytsa :
hahaha
[09:56 am] Ed : yes, his wife has
the put options
[09:56 am] joeytsa :
he said HE didnt have them, not sure about
his family
[09:56 am] joeytsa :
“_
[09:56 am] apple : right, but he
doesn’t
[09:56 am] apple : let it
snow…
[10:00 am] joeytsa : if this
guy was smart, he would have shorted it 9
months ago haha
[10:00 am] joeytsa :
then again, i would have too had i been smart
🙂
[10:01 am] mikewd2 -: Ackman says does
not want to profit on Herbalife short
position
[10:02 am] joeytsa :
RIGHT hahaha
[10:02 am] mikewd2 -:
what a crock
[10:03 am] reshef :
HLF
[10:04 am] joeytsa : AAPL losing
$520
[10:04 am] joeytsa : testing i
mean
[10:07 am] joeytsa : real nice
Ed, good call
[10:09 am] joeytsa :
/PL on another nice down move
[10:09 am]
Ed : thx joey I learn from the best
[10:09
am] joeytsa : yeah, that Mitch is
pretty good 🙂
[10:10 am] scalpman :
Hi guys…Had business to attend to and
couldn’t trade…Darn this work is getting in
the way of important stuff!
[10:10 am]
jsn13 : ed, how did u handle vhc? did u
short VHC on the way donw? and what was ur
long entry signal?
[10:10 am]
joeytsa : nice trading setup video
scalp
[10:11 am] taco : nice to see
you in your vid scalpman
[10:11 am]
taco : good vid too
[10:11 am]
scalpman : Thanks…joey,
taco…
[10:12 am] joeytsa : scalp:
trade manager might help with your positions
so you dont have to copy/paste into 2nd
box
[10:12 am] joeytsa : just
guessing on that though
[10:12 am]
scalpman : I’ll be trading tomorrow.
I’ll have to go…see you than. Glad you
enjoyed it
[10:12 am] Ed : no did not get
short, was away from price I would have like
to short
[10:12 am] joeytsa : also
on TS charts, you can type in 2 then enter so
switch to a 2min…bit of a
shortcut
[10:12 am] scalpman : Joey,
I will check out trade manager
[10:13 am]
scalpman : thanks.
[10:13 am] Ed :
just waited for lower 30’s see how it would
react, once it broke downtrend on 1minute I
entered
[10:13 am] scalpman : See
you tomorrow….
[10:13 am] joeytsa
: liked your overall process
[10:13 am]
joeytsa : enjoy
[10:13 am]
scalpman : looks like there some good
action here still.
[10:14 am] jsn13
: ed, thanks…so enry price at around 30.7?
then how do u trail it?
[10:14 am]
apple : bye scalp have fun
[10:19
am] joeytsa : /PL with another nice
move
[10:21 am] Ed : when i take profit
jsn, I move stop up to like .01 to .03 above
b/e then will slowly trail, at times behind
20sma
[10:21 am] mikewd2 -: HLF
lod
[10:22 am] joeytsa : i like that
Ed
[10:22 am] jsn13 : ok thanks
ed….now have u out all or where is ur
target for the last piece?
[10:22 am] Ed :
no target just until market stops me
out
[10:23 am] Ed : when I do that last
piece like that is like carefree
trade
[10:23 am] Ed : the last piece that
is
[10:23 am] joeytsa : i have to
try that
[10:23 am] jsn13 : now r u
still in VHC for the last piece?
[10:24
am] Ed : Im all out
[10:24 am] Ed : is sky
here
[10:24 am] jsn13 : ok
nice….thanks….
[10:24 am] Ed : man
ISRG is down nicely again
[10:24 am]
joeytsa : yeah, i mentioned ISRG
earlier..rough 2 days for them
[10:25 am]
joeytsa : ISRG is one of those stocks
that tends to have huge moves on
earnings
[10:25 am] joeytsa : but
this isnt earnings related i dont
believe
[10:25 am] Ed : that was a walk in
the park trade
[10:26 am] Ed : using 510
as key level
[10:27 am] joeytsa :
might make a decent options play
[10:27
am] joeytsa : $550 has been a big level
also
[10:28 am] apple :
downgrade
[10:28 am] joeytsa :
ackman doing his best mike imitation
🙂
[10:29 am] joeytsa : ILMN spike
down on vol
[10:29 am] reshef :
MLNX
[10:30 am] joeytsa : /GC nice
run
[10:33 am] reshef :
COO
[10:35 am] qwert : monitoring
FSLR
[10:35 am] reshef :
FSLR
[10:35 am] joeytsa : ACN nice
run since lod
[10:35 am] joeytsa :
tesing $69 now
[10:38 am] mikewd2 -:
Samsung to be charged by E.U. over Apple
patent lawsuits
[10:39 am] mikewd2 -:
looking for 33.18 on HLF
[10:40 am]
joeytsa : yeah Ed, finally got that
break over 1433
[10:41 am] joeytsa :
/PL with another 4pt move
[10:42 am]
mikewd2 -: HLF L
[10:43 am] eyes :
how arre you Mike
[10:43 am] mikewd2 -:
better eyes
[10:43 am] eyes : good
to hear its been a while sence we
talked
[10:44 am] apple : /ES near
hod
[10:44 am] joeytsa : break time,
see you in 45
[10:44 am] joeytsa :
yeah apple pp is 1436
[10:46 am]
apple : have fun joey
[10:47 am]
mikewd2 -: decent rebound in CCL
[10:50
am] mikewd2 -: out CLF 33.18 –
33.75
[10:50 am] taco : great
call mike
[10:50 am] taco : was
there a vawp or ma you targeted?
[10:51
am] taco : or just whole #?
[10:51
am] taco : nearby
[10:51 am] mikewd2
-: pivot at 33.18
[10:55 am] jsn13 :
Mike, was that HLF or CLF?
[10:56 am]
mikewd2 -: HLF
[10:57 am] jsn13 :
mike, what is the indicator that u used to
provide u with the pivot of 33.18?
[10:57
am] jsn13 : *use
[10:57 am] mikewd2
-: it was the camarilla pivot
[10:58 am]
jsn13 : ok thanks….need to get that
imported into ninja….
[10:59 am] mikewd2
-: sometimes those stocks just migrate and
bounce right off them.
[11:00 am] mikewd2
-: Senior Republican says House won’t adjourn
today
[11:03 am] eyes : mike you
take some off hlf
[11:04 am] eyes :
vhc
[11:04 am] mikewd2 -: all out at
33.75
[11:05 am] eyes : how ar eyou
doing QWERT
[11:05 am] qwert : doing
good how are YOU
[11:10 am] reshef :
HAR
[11:15 am] apple : need to run
to the bank, back in a bit
[11:15 am]
joeytsa : get some $ for me
🙂
[11:15 am] apple : np, in
$$$s?
[11:16 am] joeytsa :
🙂
[11:17 am] mikewd2 -: AAPL
moving
[11:17 am] reshef :
MMM
[11:34 am] joeytsa : CLR
spike
[11:35 am] mikewd2 -: Continental
Resources sees 2013 production growth
35%-40%
[11:36 am] joeytsa : ahhh,
thx mike
[11:36 am] eyes : Good
Night Everyone
[11:36 am] joeytsa :
bye eyes
[11:36 am] reshef :
VRX
[11:37 am] taco : c ya
eyes
[11:38 am] jsn13 : mike, what
are the names of the levels u have on the
camarilla pivots?
[11:39 am] mikewd2 -:
there R’s and S’s just like other pivots,
they are just calculated
differently
[11:41 am] jsn13 : do u
have levels like POC and H1, L1 and so
son?
[11:42 am] mikewd2 -: PP, R4-R1,
S4-S1 but not all are shown
[11:42 am]
mikewd2 -:
http://www.pivotpointcalculator.com/
[11:4
2 am] mikewd2 -: this will show you the math
behind the pivots
[11:44 am] jsn13 :
haha i just want to get the plug in….dont
think i wanna spend time writing the
indicator….haha…
[11:44 am] mikewd2 -:
ok
[11:45 am] mikewd2 -: symc
[11:45
am] mikewd2 -: sorry wrong window
[11:45
am] joeytsa : jsn: ninja has
pivots
[11:46 am] joeytsa : just not
the camarillo ones
[11:47 am] jsn13
: ya im using the floor pivots…just dont
like them much…
[11:48 am] joeytsa
: gotya, i find the floor ones adequate..its
all personal preference
[11:48 am]
apple : back – /Es hod
[11:55 am]
joeytsa : jsn: are you doing futures
also with ninja?
[11:55 am] joeytsa
: FDX with a bit of strength
[11:56 am]
joeytsa : and quick spike down
wow
[11:58 am] victor51 : I am S on
VRX @61. Any one else S hort VRX?
[12:00
pm] joeytsa : not me victor
[12:06
pm] mikewd2 -: HLF
[12:09 pm] jsn13
: mike, what is the name of the level that u
mentioned just now at 33.18 on HLF?
[12:09
pm] jsn13 : i have L4 at
33.35…
[12:11 pm] mikewd2 -: i think its
S4, but would need to look at the Easy
language code
[12:11 pm] joeytsa : i
dont even have floor pivots at that
level
[12:12 pm] jsn13 : joey, that
is the main reason why i wanna look for other
pivots…cos u wont have pivots level once u
r well out of prior day range…
[12:12
pm] joeytsa : i still like the esignal
pivots better than TS
[12:13 pm]
joeytsa : goog point jsn, but once
outside prior day range i go into trend mode
thinking
[12:14 pm] joeytsa : and on
something like HLF, its trading at yearly
lows, so not sure how confident i would be on
a trading pivot with no trading
there?
[12:15 pm] jsn13 : haha just
wanna have reference if there is
setup….
[12:16 pm] joeytsa : you
can go back to early 2011 to see last time it
traded in this area
[12:16 pm] mikewd2 -:
VirnetX announces post-trial motion hearing
held, Apple sales data ordered
[12:18 pm]
jsn13 : ok i see…thanks
joey….
[12:19 pm] joeytsa : but
you are more technical/hard working than me
haha
[12:20 pm] joeytsa : /ES
sitting on pp
[12:22 pm] jsn13 :
mike, where is ur s3 then?
[12:23 pm]
joeytsa : FDX gave decent pullback,
didnt take it though
[12:23 pm]
joeytsa : stocks in slo-mo at the
moment
[12:23 pm] mikewd2 -:
35.18
[12:24 pm] mikewd2 -: VHC
resume
[12:24 pm] jsn13 : ok
cool….ok now i can confirm that i have the
right setting as urs
now…haha…thanks…
[12:24 pm]
joeytsa : maria b is goign off
haha
[12:24 pm] joeytsa : all i
heard was shouting, thought my wife was mad
at me again 🙂
[12:26 pm] qwert :
that was awesome i lover her
[12:26 pm]
joeytsa : yeah, thats 2 days in a row
she got a bit fiesty
[12:26 pm]
qwert : i was watching yesterday as
well shes so cool
[12:30 pm] joeytsa
: Thanks Mitch,Ed,everyone…have a great
day, see you all tomorrow
[12:31 pm] Ed :
c ya joey
[12:31 pm] taco : bye
joey
[12:34 pm] qwert : Gonna go
early today see ya all in the am
great calls today
[12:35 pm] Ed : c ya
qwert
[12:35 pm] qwert : bye
Ed
[12:35 pm] taco : have a good
night
[12:37 pm] mikewd2 -: EZCH
[12:42
pm] murano : See ya’ll
tomorrow
[12:42 pm] Ed : c ya
murano
[12:43 pm] taco : c
ya
[12:50 pm] victor51 : hlf trading
in a very narrow range last 45 minutes. is it
forming a short term base?
[12:52 pm] Ed :
trying very hard to bottom, lot of fight
between buyer/seller at potential tops and
bottoms
[12:54 pm] victor51 : Thanks
Edf. Lightening buy signal for HLF on 15
min.
[12:55 pm] Ed : If u place position
would start really small
[12:55 pm] Ed :
like no more than 10% of normal
posiiont
[12:55 pm] Ed : soo if u normally
do 1000 shares, start with 100 as
example
[12:56 pm] victor51 : Ed I
agree. it’s moving. is it short covering mini
rally?
[12:57 pm] taco : thank Mitch
Ed and all, have a great rest of your days.
cya in the am
[12:58 pm] Ed : Its
possible
[12:59 pm] Ed : shorts have hit
it very hard since that 70 price
[01:07
pm] victor51 : Thanks Mitch,Ed and all
trading buddies.
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